FirstEnergy Corp. (FE) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
FirstEnergy is an investor-owned holding company with operations across five mid-Atlantic and Midwestern states. FirstEnergy also owns and operates one of the nation's largest electric transmission...
FirstEnergy Corp.'s revenue increased 12.0% year over year, from $13.47B to $15.09B.
Net income increased 4.3% over the same period, from $978.0M to $1.02B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 4% in total.
Total debt increased by 12.1% to $25.83B.
The debt-to-equity ratio stands at 2.06, indicating a high leverage profile.
Operating cash flow grew 28.0% to $3.70B.
FirstEnergy Corp. maintains a moderate net profit margin of 6.8%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $3.73B+13.7% | $419.0M | $727.0M | $727.0M | $775.0M | $50.76B | $21.68B | $12.43B |
| Q4 FY2024 | $3.18B-14.8% | $261.0M | $613.0M | $613.0M | $1.04B | $52.04B | $23.05B | $12.46B |
| Q1 FY2025 | $3.77B+18.5% | $360.0M | $754.0M | $754.0M | $637.0M | $52.77B | $22.86B | $12.57B |
| Q2 FY2025 | $3.38B-10.2% | $268.0M | $646.0M | $646.0M | $1.08B | $54.23B | $24.15B | $12.85B |
| Q3 FY2025 | $4.15B+22.7% | $441.0M | $830.0M | $830.0M | $845.0M | $55.88B | $25.80B | $12.80B |
| Q4 FY2025 | $3.80B-8.5% | $-49.0M | $-24.0M | $-24.0M | $1.14B | $55.90B | $25.83B | $12.51B |
| Q1 FY2026 | $4.20B+10.7% | $405.0M | $828.0M | $828.0M | $148.0M | $56.92B | $28.06B | $14.11B |
| Q2 FY2026 | $3.68B-12.5% | $288.0M | $677.0M | $677.0M | $989.0M | $58.22B | $28.98B | $14.43B |
Balance Sheet Summary (Q2 FY2026)
FirstEnergy Corp. (FE) Financial Statements & Revenue History
FirstEnergy Corp. (FE) is a US-listed stock operating in the Utilities sector, specifically the Electric Services industry trading at $46.19 with a market capitalization of $27. This page provides 42 historical financial statements for FirstEnergy Corp., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, FirstEnergy Corp. reported revenue of $15.1 billion, representing 12.0% year-over-year growth. The net profit margin of 6.8% indicates moderate profitability. The debt-to-equity ratio of 2.06 signals high leverage.
FE Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows FirstEnergy Corp.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether FE is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track FE's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently FirstEnergy Corp. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of FE's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use FE Financial Data
Investors use FirstEnergy Corp.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare FE's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how FE's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View FE's financial health score, earnings, and pre-market pricing.
Financial data is sourced from FirstEnergy Corp.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.FE trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.